Just pay cash into an AMP Superannuation fund, and viola !..............You have gone backwards !
As the ongoing Royal Commission has revealed, it is not only Australia's Big Four banks that have been taking the hard-earned cash of the population, Whilst the banks have been charging fees for no service, the AMP happily allowed many of it's client's Superannuation to LOSE money year on year. In one case, a 58 year old man deposited $88,000, and was -$451.12 worse off after 3 years !!. No wonder so many people are switching their Superannuation across to us, where they MAKE money !!.